Investment Banking case studies, worked step by step
- Cases
- 100
- Traced to a firm
- 55
- Topics
- 12
- Hard
- 30
Topic
Showing 1–7 of 7 · filtered from 100Clear filters
- 004A holding company has notes outstanding and owns three operating subsidiaries, each with its own debt. In a liquidation, what do the holding company noteholders recover?EvercoreNew York · 2025Houlihan LokeyNew York · 2025
- 011A steel company's finance subsidiary issued guaranteed notes and lent the money on to the operating company. Work out the noteholders' recovery with and without the double dip, and what it does to everyone else.EvercoreNew York · 2026
- 018A telecom company moves its licences into an unrestricted subsidiary and offers noteholders new secured notes at 65 per 100. Work out the debt reduction, the holdouts' position, and why holders accept a haircut.EvercoreNew York · 2025
- 048A property company offers to swap notes due in a year for fewer, longer, second lien notes, conditional on 90% taking it. Value the offer to a holder who exchanges and to one who holds out, and explain the holdout problem.Houlihan LokeyNew York · 2025
- 058Saptak Holdings owns 80% of a power generator with its own debt and all of a small trading arm, and owes notes at the holding company. What do the holdco noteholders recover in a liquidation, and how do the consolidated accounts overstate their protection?Moelis & CompanyNew York · 2025
- 066In Kavish Textiles' restructuring, unsecured creditors get the new equity plus rights to buy more at a 30% discount, backstopped for a fee. What does each kind of holder recover?Restructuring IBLeveraged finance
- 096Creditors owed Rs 2,000 crore by an insolvent steel company must choose between Rs 900 crore upfront and a plan paying Rs 400 crore upfront, Rs 800 crore over four years and 10% of the reorganised equity valued at Rs 1,500 crore. Discount at 12%. Which plan, and what are they really voting on?Restructuring IBLeveraged finance
Company names and figures are illustrative.